Oren Alexander Acquires SFR On South Venetian Way In Miami Beach For $13M
SOLD
$13,000,000
Florida
See Similar DealsSingle Family Residence13,382 SF
Sold 08/02/2021
SOLD
Oren Alexander Acquires SFR On South Venetian Way In Miami Beach For $13M
1236 South Venetian Way, Miami Beach, FL 33139, USA
See Similar DealsSingle Family Residence13,382 SF
Sold 08/02/2021
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$971
Total Square Footage:13,382 SF
Transaction Type:Sale
A single-family residence located at 1236 S Venetian Way in Miami Beach has been sold for a price of $13,000,000. The property is situated in a sought-after location in Miami Beach and offers stunning views of the surrounding area. The transaction took place on August 2, 2021.
Summary of transaction details
- Property Type: Single-Family Residence
- Transaction Amount: $13,000,000
- Address: 1236 S Venetian Way, Miami Beach
- Market: Miami Beach
Oren Alexander from Douglas Elliman represented the buyer, while Greg Mirmelli from Wide Bay Luxury represented the seller. Oren Alexander is an experienced real estate agent from Douglas Elliman, known for his expertise in high-end property transactions. Greg Mirmelli, on the other hand, is a reputable representative from Wide Bay Luxury, specializing in luxury real estate deals. Both parties played instrumental roles in ensuring a successful transaction.
Players
BROKERAGE
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Single-Family Rental Investment Trends ReportQ3 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$693,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$46,186.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$61,626.63
Annual Debt Service$739,519.59
Is there something missing? Send suggestions